News Summary
Editorial Review.
- The NEPSE index rose by 14.21 points to reach 2,950 on Thursday.
- Despite the market gain, the total trading volume dropped to NPR 1.316 billion.
- The hydropower sector led gains with a 1.56% increase, while five companies saw their prices surge by 10%.
Chaitra 12, Kathmandu – On the final trading day of the week, Thursday, the stock market rose by 14.21 points. Following this increase, the NEPSE index stood at 2,950 points.
Although the market index advanced, the trading volume declined, falling from over NPR 1.509 billion the previous day to NPR 1.316 billion today. Share prices of 178 companies increased, 80 declined, and 8 remained unchanged.
The hydropower sector experienced the highest gain, rising by 1.56%. Other sectors also showed increases: banking by 0.37%, finance 0.17%, hotel and tourism 0.81%, production and processing 1.50%, microfinance 0.20%, non-life insurance 0.43%, and other groups by 0.65%.
Meanwhile, the trading sector decreased by 2.84%, life insurance dropped 0.04%, and development banks declined by 0.05%.
Five companies recorded a significant 10% increase in their share prices. These include Reliance Spinning Mills, Solu Hydropower, Super Khudi Hydropower, Bhujung Hydropower, and Hotel Forest Inn. Additionally, National Hydropower’s shares rose 6.24%, Ridi Power 6.19%, and Shubham Power 5.80%.
Panchakanya Mai Hydropower saw the largest single-company decline, dropping 7.48%. Sindhu Development Bank’s shares fell by 3.58%, Corporate Development by 3.24%, and Vishal Bazar by 3.4%. Among the most actively traded stocks today were NRN Infrastructure, SY Panel, National Hydropower, Ridi Power, and Ngadi Group.
